Holiday Home Insurance in Cyprus
Standard policies stop covering your property after 30 to 60 days of vacancy. Renting it out on Airbnb? You need fire and public liability insurance by law.
If you rent your holiday home without the required insurance, you face fines up to €5,000 or up to 1 year imprisonment under Law 34(I)/2019.
Why DigiCare
Why holiday home owners choose DigiCare
Compare & Save
We're an independent broker. We compare holiday home rates from multiple licensed Cyprus insurers, so you don't have to spend your afternoon calling around.
Vacancy Specialists
Most brokers just sell you a standard home policy and move on. We actually know about the 30 to 60 day vacancy gap and arrange cover that works even when your property sits empty for months.
CTO Licence Help
Planning to list on Airbnb or Booking.com? We'll make sure your policy meets the fire and public liability requirements for your CTO registration.
3-Language Support
We speak English, Russian, and Greek. Every document, every call, in your language.
How much does holiday home insurance cost in Cyprus?
This is the first thing clients ask, so here's a straight answer. Holiday home insurance in Cyprus typically costs 10 to 15% less than a standard residential policy. The reason is simple: your property is occupied less often. Fewer people in the home means fewer daily-use incidents, lower contents value, and less wear-and-tear damage. Insurers price that reduced risk into your premium.
| Property Type | Estimated Annual Premium |
|---|---|
| Small apartment (€100K sum insured) | €200-320 |
| Standard villa (€250K sum insured) | €450-700 |
| High-value villa (€500K+ sum insured) | €750-1,150 |
| Holiday rental (Airbnb/Booking) | Quote required |
Premiums shown are indicative figures sourced from SST Insurance and Pitsas Insurances. Actual rates depend on your insurer, property location, construction type, and security measures.
The vacancy clause: why standard home insurance falls short
Here's the problem I see every week. A client buys a regular home policy for their Cyprus villa, flies home to the UK or Russia, and doesn't realise their cover quietly expires after 30 to 60 consecutive days of vacancy. Then a pipe bursts in January. Nobody's there to catch it. And the insurer rejects the entire claim. Escape of water is one of the most common causes of damage in unoccupied homes, and it's exactly the scenario most standard policies exclude. Holiday home insurance removes that gap. It can extend vacancy cover up to 12 months with specialist policies and includes the risks that actually matter when nobody's home.
Extended vacancy cover (up to 12 months with specialist policies)
Escape of water and burst pipes
Buildings insurance (fire, storm, flood, subsidence)
Contents cover (furniture, appliances, fixtures)
Public liability (injury to visitors or neighbours)
Loss of rental income (if you let the property)
Emergency travel to your property
Legal expenses
Earthquake damage (optional add-on, +10-20%)
Renting your holiday home? Insurance is legally required
If you list your Cyprus property on Airbnb, Booking.com, or any short-term rental platform, you must register with the Deputy Ministry of Tourism and hold a CTO licence. Law 34(I)/2019 makes fire insurance and public liability insurance mandatory for every registered holiday rental.
Fire insurance covering the full replacement value of the building
Public liability insurance: minimum €100,000 (we recommend €500,000 for proper protection)
CTO registration: €222 per property for 3 years
Your registration number must appear on every listing
Operating without a licence carries fines up to €5,000 or up to 1 year imprisonment. Airbnb's AirCover is a host guarantee programme, not an insurance policy. It won't satisfy the legal requirements, and it won't cover your building.
HOW IT WORKS
How to get covered
Tell us about your property
Share your property type, location, estimated value, and whether you rent it out. The online form takes about 2 minutes.
We find your best rate
We compare quotes from our panel of licensed Cyprus insurers and send you the best options for your situation.
Get your policy
Pick the cover that fits and receive your policy documents by email. If you need a CTO-compliant certificate, we'll include that too.
Who needs holiday home insurance in Cyprus?
If you own a property in Cyprus that sits empty for more than 30 days at a stretch, you should be looking at specialist cover. Standard policies weren't built for that pattern.
Airbnb & short-term rental hosts
You need CTO-compliant fire and public liability cover before you can legally list your property. We set this up daily.
British expats with holiday homes
You fly back to the UK for months at a time. Your standard policy's vacancy clause is probably 30 days. That's a problem, and it's one we fix.
Russian-speaking investors
Own a villa in Limassol or Paphos that you visit a few weeks a year? We handle everything in Russian and make sure your property stays protected year round.
Seasonal residents
Spend winters in Cyprus and summers elsewhere, or the other way around? You need cover that works during the months you're away.
Holiday home vs standard home insurance
I get asked about this difference at least twice a week. Here's a quick side-by-side so you can see exactly where a standard policy falls short for a property you don't live in full time.
| Feature | Holiday Home | Standard Home |
|---|---|---|
| Vacancy limit | Up to 12 months | 30-60 days |
| Escape of water (unoccupied) | Covered | Usually excluded |
| Loss of rental income | Included | Not available |
| Emergency travel to property | Included | Not available |
| CTO/rental compliance | Available | Not designed for rentals |
| Typical annual cost | 10-15% less | Standard rates |
| Contents cover while empty | Full cover | Reduced or void |
Already have a primary home in Cyprus? We can often arrange a discount when you bundle home and holiday home policies together.
Compare Your OptionsFAQ
Frequently asked questions
Your holiday home deserves proper cover. Get a quote today.
Every month without the right policy is a month your property sits exposed to burst pipes, storm damage, or a liability claim with no backup. It takes 2 minutes to sort out.